Word: credite
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Dates: during 1930-1939
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Only last week I had swelled with pride when "Slingin' Sam" himself had given me credit for the handle. Now I'm ducking...
...more remarkable than the Depression. It is remarkable because the 35% plummet from last summer's high is the swiftest decline in the history of U. S. business and finance. It is remarkable because the big, obvious factors which are usually held responsible for economic retrograde- swollen credit, top-heavy inventories, unmanageable surpluses-are not in existence. Business did overextend itself last spring, just before the President dampered the roaring commodity boom. But in large measure the principal cause of the Recession appears to be purely psychological, the result of Capital's mass pessimism about the future...
...canceled checks showing that they do not deal with Nazi Germany. The American dollars are then forwarded from London to Germany thus allowing the Nazi regime to build up its foreign exchange balance. Meanwhile, Germany buys the Rumanian furs, paying for them in lei that were placed to its credit in Rumania as a result of barter arrange- ments. ... As the Rumanian money has little value in the foreign exchange marts, the German Government gains materially by an exchange of this money for American exchange...
...control by the common law" is a new liberal banner or just the old jolly roger of the collectivists in disguise is to scan Mr. Lippmann's agenda for liberalism. His field of reform covers eugenics, education, conservation, the mobility of capital, big business and business corporations, money and credit, inflation and deflation, improvement of markets, necessitous bargains, monopolies, social insurance, taxation and finally the maldistribution of income...
...feature, "Annapolis Salute," be it said for the general credit that the directors have presented some convincing, because honest and unsentimentalized, pictures of naval academy life. James Ellison, Marsha Hunt, and Van Heflin turn in careful performances as the principals. If one won't object to the inadequacies of the old Navy traingle of girl, rival, and loyalty to the service, the unpretentiousness of the picture will prove sufficiently gratifying...